EVNT vs. SBIO ETF Comparison

Comparison of AltShares Event-Driven ETF (EVNT) to ALPS Medical Breakthroughs ETF (SBIO)

EVNT

AltShares Event-Driven ETF

EVNT Description

AltShares Event-Driven ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. The fund invests in the public equity and fixed income markets across the globe. For its equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in event-driven/arbitrage stocks of companies across diversified market capitalization. The fund invests in fixed income securities with varying maturities. AltShares Event-Driven ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$10.62

Average Daily Volume

290

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SBIO

ALPS Medical Breakthroughs ETF

SBIO Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Poliwogg Medical Breakthroughs IndexSM. The fund employs a "passive management" - or indexing - investment approach designed to track the performance of the underlying index. It will normally invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index is comprised of small- and mid-cap stocks of biotechnology and pharmaceutical companies that have one or more drugs in either Phase II or Phase III U.S. Food and Drug Administration clinical trials. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.26

Average Daily Volume

6,572

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVNT	SBIO
30 Days	0.28%	1.91%
60 Days	1.38%	2.27%
90 Days	3.32%	7.65%
12 Months	12.00%	52.91%

1 Overlapping Holdings

	Symbol	Grade	Weight in EVNT	Weight in SBIO	Overlap
	AURA	B	0.86%	0.34%	0.34%

EVNT Overweight 43 Positions Relative to SBIO

Symbol	Grade	Weight
HES	B	4.35%
CTLT	D	3.94%
HA	A	3.73%
HCP	A	3.69%
JNPR	A	3.35%
PETQ	A	3.29%
AMED	C	3.17%
PRFT	A	3.16%
AXNX	A	2.98%
ANSS	C	2.82%
CHX	F	2.68%
MGRC	A	2.56%
SRCL	A	2.55%
X	C	1.88%
CCI	D	1.78%
INST	A	1.77%
K	A	1.74%
MRO	C	1.54%
ENV	A	1.51%
EDR	A	1.48%
SILK	A	1.46%
ESGR	C	1.4%
VZIO	C	1.21%
RCM	A	1.19%
DIS	C	1.07%
SQSP	A	0.98%
CHUY	B	0.96%
CPRI	F	0.92%
PVH	C	0.85%
PARA	C	0.83%
CZR	D	0.81%
PACB	C	0.81%
VFC	A	0.78%
GTHX	A	0.77%
WBD	C	0.76%
RIVN	F	0.76%
SNOW	C	0.74%
EVRI	A	0.7%
BE	D	0.51%
ACI	C	0.42%
CLSD	F	0.33%
WSC	F	-0.9%
SNPS	B	-1.24%

EVNT Underweight 82 Positions Relative to SBIO

Symbol	Grade	Weight
RNA	C	-3.38%
KRYS	C	-3.33%
CORT	B	-3.2%
CRNX	B	-3.04%
ACLX	B	-3.02%
IMVT	F	-2.93%
ALKS	F	-2.88%
DNLI	C	-2.39%
MRUS	C	-2.38%
FOLD	B	-2.27%
ZLAB	B	-2.11%
PTCT	B	-2.05%
XENE	C	-2.03%
EWTX	B	-2.03%
VRNA	A	-1.83%
PTGX	B	-1.77%
CGON	F	-1.67%
AGIO	B	-1.65%
IDYA	F	-1.61%
ACAD	F	-1.57%
GERN	C	-1.55%
VERA	A	-1.5%
KROS	A	-1.41%
VCEL	D	-1.35%
LBPH	A	-1.34%
AKRO	A	-1.3%
MIRM	B	-1.25%
GLPG	F	-1.25%
ARVN	C	-1.22%
CLDX	F	-1.21%
MNKD	A	-1.14%
BCRX	A	-1.1%
SNDX	F	-1.07%
IMCR	F	-1.06%
RCUS	F	-1.04%
NTLA	F	-1.03%
TARS	A	-0.97%
VRDN	B	-0.93%
SPRY	B	-0.92%
IRON	D	-0.9%
KURA	F	-0.89%
COGT	B	-0.89%
XNCR	A	-0.87%
DAWN	A	-0.85%
PHVS	A	-0.77%
APLT	A	-0.71%
AUPH	A	-0.65%
ANAB	F	-0.59%
PRTA	F	-0.58%
LQDA	C	-0.58%
PLRX	A	-0.56%
ETNB	D	-0.54%
REPL	B	-0.53%
ERAS	C	-0.48%
ANNX	B	-0.47%
OLMA	F	-0.46%
MLYS	B	-0.44%
YMAB	A	-0.43%
IRWD	F	-0.4%
CELC	D	-0.4%
ALLO	D	-0.38%
SVRA	D	-0.37%
FLGT	C	-0.37%
URGN	F	-0.35%
ARCT	F	-0.35%
FULC	F	-0.34%
ALT	D	-0.32%
ALEC	D	-0.3%
CMPS	F	-0.29%
AVXL	A	-0.29%
TBPH	C	-0.28%
FDMT	F	-0.27%
GHRS	D	-0.25%
ALDX	D	-0.21%
ACIU	F	-0.2%
INZY	F	-0.19%
STRO	D	-0.19%
ITOS	F	-0.19%
ENTA	D	-0.17%
VNDA	D	-0.17%
ZNTL	D	-0.15%
HLVX	C	-0.06%

SBIO: Top Represented Industries & Keywords

Industries: Biotechnology Diagnostics & Research Drug Manufacturers - Specialty & Generic Medical Care Facilities